What Is Tether’s New Wallet Product? Tether has launched tether.wallet, a self-custodial application designed to give users direct access to its payments infrastructure. The move takes the company beyond its traditional role as a backend liquidity and settlement layer in crypto markets and into a consumer-facing product. The wallet supports a limited set of assets,
Why Did the Dynamix–Ether Machine Deal Collapse? Dynamix Corporation and The Ether Machine have mutually terminated their planned business combination, ending a proposed path to public markets for the ether-focused treasury firm. The companies cited unfavorable market conditions as the reason for the decision, reflecting a broader slowdown in crypto-linked listings. In a statement, The
What Does Bitwise’s Latest Filing Reveal? Bitwise Asset Management has taken another step toward launching its proposed spot Hyperliquid exchange-traded fund, submitting a second amendment to the US Securities and Exchange Commission. The update adds key operational details, including the ticker $BHYP and a management fee of 0.67%. According to Bloomberg senior ETF analyst Eric
Why Is SpaceX Holding Bitcoin Despite Heavy Losses? SpaceX is holding 8,285 bitcoin valued at roughly $603 million in Coinbase Prime custody, even as the company reported a nearly $5 billion loss for 2025. The figures, based on Arkham Intelligence data and reporting from The Information, highlight a sharp reversal from the previous year, when
What Do the Latest Transfers Reveal About Bhutan’s Bitcoin Holdings? The Royal Government of Bhutan has moved another 250 BTC, worth about $18 million, to a newly created wallet, extending a series of outflows from state-linked addresses in 2026. The transfer follows a similar movement earlier this week, continuing a pattern that has drawn attention
What Triggered the Dispute Between Bittensor and Covenant AI? Jacob Steeves, co-founder of Bittensor, rejected allegations that he used his position to pressure a major subnet developer off the network, following Covenant AI’s decision to exit the platform. The dispute began after Covenant AI announced it would leave Bittensor, accusing Steeves of exerting control over
What Did the Latest Government Bitcoin Transfer Involve? The U.S. government has transferred just over 2 bitcoins to a Coinbase Prime address, according to blockchain data tracked by Arkham Intelligence. The transactions, totaling 2.438 BTC and valued at roughly $177,000, were sent in two separate transfers from wallets labeled as holding seized funds linked to
Key Facts BitMEX published its Q1 derivatives report analysing perpetual contract performance across major centralised exchanges. The report compares liquidity, pricing efficiency, and execution conditions for perpetual futures (perps). Crypto derivatives volume reached approximately $18.63 trillion in Q1 2026, according to CoinGlass data. BitMEX remains a key player in derivatives, having pioneered perpetual swap contracts.
Key Facts Binance Research said average daily TradFi-perps volume rose from about $3 billion in January 2026 to $8.6 billion in March 2026. Binance held roughly 41% of TradFi-perps market share, while centralised exchanges accounted for about 70% of activity. Binance Research found silver perpetuals reached about 40% of equivalent COMEX SI contract volume at
Why Did the Court Cancel the FIU Suspension? A South Korean court has overturned a three-month partial business suspension imposed on Dunamu, the operator of crypto exchange Upbit, marking a setback for the country’s financial regulator. The Seoul Administrative Court ruled in favor of Dunamu, canceling the sanction issued by the Financial Intelligence Unit (FIU)